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Microcap & Penny Stocks : INCE - Intercell info??? -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey Beckman who wrote (2380)	11/9/1997 1:03:00 PM
From: Bill Pearson	Respond to of 3358

Can't nail down a cost basis for you, but I think I can describe the opportunity cost of selling before year end. This would not be the stock I'd sell given what I am fairly sure will happen in the next 6-9 months. I guess it all depends on your average cost, as you are suggesting. If it's $2.50 plus, and you need the money you'd get out of selling, or really need the loss....sell. If INCE can get the remaining $1 million they need in private placement funds and get the majority of that to Gil Loachea, I am fairly confident Sigma can increase their revenue by $25-30 million by fiscal yr. end 1998. The impact on that should drive the share price out from underneath $1 without too much trouble. In the end, we each must decide what's is right based upon our individual investment goals and financial needs. For me, given what I know, I'm not ready to throw in the towel on INCE.

To: Jeffrey Beckman who wrote (2380)	11/10/1997 12:29:00 PM
From: Lee Bush	Read Replies (2) \| Respond to of 3358

Jeff: Your broker will buy the junk shares of DROM, etc. in order for you to take your tax loss on these. At least most brokers extend that service to you. The conversion of EDVC assets to INCE means that you do not have a tax problem with EDVC until you sell INCE stock. At that point, your basis for INCE stock that you sell is the price you paid for EDVC stock (or MOID if you were in that early). The ITCO shares and warrants that you receive next year, however, will have a zero cost basis. Hope this helps. Lee